TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: Block

  • Now May Be The Time for SSNC To Sell Itself

    SSNC shares are flat from August 2018 to August 2022. By year-end 2022, SS&C will have grown Adjusted EBITDA by more than 60% from year-end 2018 – no small feat (table below) – yet SSNC shares do not reflect this achievement. S&P Global (ticker: SPGI), FIS Inc. (ticker: FIS) and Fiserv (ticker: FISV), will need…

  • Citigroup’s Trade Error To Cost Bank More Than $50 Million

    Manual trading errors such as the one described in the Bloomberg article referenced HERE can essentially be eliminated by implementing business rules within the Trade Order Management System (“TOMS”) / Execution Management System (“EMS”), that a given bank has installed (years ago TOMS and EMS were separate systems but today typically are a single system).…

  • AWS, Azure & Google Cloud Alternatives

    Corporate customers ought to think about diversifying beyond AWS, Azure and Google Cloud for cloud storage and embedded capabilities such as AI/ML/NLP and more. Sure, there is Oracle, Alibaba and others. Yet it would seem now may be the time for Industry-focused players to offer cloud services alternatives. Tickers mentioned: AMZN, BABA, FIS, GOOG, MSFT,…